PENGUIN UPDATE! There has been widespread reports about the latest algorithm called "web spam update" which is now said to be called as the PENGUIN UPDATE. I have found that many say this is a total failure as web spam update was released to fight web spam and spam sites to reduce rankings for such sites. But in the process many legitimate sites rankings have gone down or have vanished from the top 100 lists. Other updates that had taken place in April: Domain Classifier update - MISTAKEN Update by Google which Google then clarified Web spamupdate: Penguin Update : APRIL 24, 2012 Google's spam update has done much damage to legitimate sites than spam sites. I have also discovered that eCommerce sites are less hit by the update than the service sector sites. Google Penguin Updates Questions ?

1. Is off page more important  than on page ?
2. Is back links from social bookmarking sites like folkd.com will be devalued?  As many social sites have lost traffic during this update.
3. Is Blog commenting termed as spam ?  Does blog commenting from legitimate sites is also spam?
4. Is Forum signature links completely dead
5. If a website doesn't do SEO then also will a site rank ?  ( Because  Matt Cutts  says that even if one doesn't do SEO then its better for a site long term.)

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SEO stands for “search engine optimization.” It is the process of getting traffic from the “free,” “organic,” “editorial” or “natural” listings on search engines. All major search engines such as Google, Yahoo and Bing have such results, where web pages and other content such as videos or local listings are shown and ranked based on what the search engine considers most relevant to users. Payment isn’t involved, as it is with paid search ads. Such as Adwords. [+]